KuCoin
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KuCoin to Implement 7.5% VAT on Fees for Nigerian Users from July 8
- July 4, 2024
- Posted by: Jackson Bennett
- Category: News
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Nigerian users of KuCoin will have to pay extra 7.5% VAT on transaction fees starting July 8, causing concerns amid crypto bans. HIGHLIGHTS Starting the eighth of July, KuCoin will impose a value-added tax (VAT) of 7.5% on transactional costs in Nigeria. However, the VAT only applies to those who register under KYC in Nigeria